Sunday, May 17, 2026
  • About Web3Wire
  • Web3Wire NFTs
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Media Network
  • RSS Feed
  • Contact Us
Web3Wire
No Result
View All Result
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
No Result
View All Result
Web3Wire
No Result
View All Result
Home Blockchain

QuarryLabs Opens ‘Genesis Quarry Miner’ Initiative; Strategic Partners Invited to Secure DPoS Network Ahead of $5M Seed Completion

May 16, 2026
in Blockchain, Cryptocurrencies, GlobeNewswire, Web3
Reading Time: 5 mins read
5
SHARES
245
VIEWS
Share on TwitterShare on LinkedInShare on Facebook

Salt Lake City, UTAH, May 15, 2026 (GLOBE NEWSWIRE) — QuarryLabs Inc., the team building the QuarryChain Layer-1 protocol and the Quarry (QRY) utility token, today opened applications for its Genesis Quarry Miner Initiative, a strategic partner program inviting a limited group of operators to help secure the network during testnet and through mainnet launch. The announcement arrives as the QuarryLabs Inc. Seed Round nears its $5 million target, with founding partners receiving early validator slots, allocations from the QRY Token Presale, and direct collaboration with the engineering team led by founder Alec Arrambide.

QuarryLabs Opens 'Genesis Quarry Miner' Initiative; Strategic Partners Invited to Secure DPoS Network Ahead of $5M Seed Completion

QuarryLabs builds Layer-1 blockchain infrastructure using a next-generation Delegated Proof of Stake consensus model.

The Genesis Quarry Miner Initiative is designed to bring a vetted set of infrastructure providers, ecosystem builders, and capital partners into QuarryChain ahead of public network availability. Selected partners will operate genesis validator nodes, receive priority technical support during the Layer-1 Blockchain Testnet Launch, and participate in shaping governance parameters for the production network. QuarryLabs is opening the program now to help ensure the chain reaches mainnet with a geographically distributed and reliable set of operators.

QuarryChain is built around a next-gen Delegated Proof of Stake (DPoS) consensus model, which the company describes as a more scalable and energy-efficient alternative to traditional Proof of Stake architectures. By concentrating block production among a defined set of elected validators, the network is engineered to deliver high throughput and predictable finality without the hardware footprint of proof-of-work systems. QuarryLabs has positioned the chain as an eco-friendly blockchain consensus option for developers comparing Delegated Proof of Stake vs PoS in 2026.

Alongside the base protocol, QuarryLabs is developing QuarrySwap, a no-code API layer that allows non-technical teams to launch tokens, create liquidity pools, and integrate on-chain swaps without writing custom smart contract code. The QuarrySwap No-Code API is intended to give product teams, fintech operators, and small studios a faster path from idea to deployed application on the scalable DPoS blockchain in 2026.

“Building a Layer-1 in 2026 means earning trust from the first block forward,” said Alec Arrambide, founder of QuarryLabs. “The Genesis Quarry Miner Initiative is how we make sure the people running the network at launch are the ones who actually want to build with us long term. We would rather start with a smaller group of committed operators than chase headline numbers.”

The QRY Token ICO 2026 will follow the close of the seed round, with allocations reserved for Genesis Quarry Miner participants, ecosystem grants, and the public sale. QuarryLabs has indicated that QRY will function as the gas, staking, and governance asset for the network. A detailed token utility breakdown and the QRY Token Presale schedule will be published on the QuarryChain site, where the company also maintains its public Utility Token ICO Calendar for the launch sequence.

Headquartered in Salt Lake City, QuarryLabs joins a growing list of new blockchain startups in Utah and adds to ongoing momentum across the Silicon Slopes Crypto News landscape. The company sees its location as a strategic advantage, citing access to engineering talent, lower operating costs than coastal hubs, and a regulatory environment that has been broadly supportive of digital asset infrastructure. QuarryLabs intends to use a portion of seed proceeds to expand its Salt Lake City engineering team and stand up its first developer relations function for the QuarryChain ecosystem.

For investors and infrastructure partners evaluating Top Crypto Seed Rounds 2026, the company is pointing to its operator-first launch design, its emphasis on the QuarryChain DPoS Network rollout, and the structured progression from testnet to mainnet as differentiators. QuarryLabs notes that participation in the Genesis Quarry Miner Initiative is reviewed on a rolling basis, and that capacity for founding validator slots is limited by design. The company sees the program as a long-term blockchain infrastructure investment in the people and operators who will keep the network healthy after launch.

More information about QuarryChain, the Genesis Quarry Miner Initiative, and the QRY token is available at https://quarrychain.network/. Interested operators and investors can also request additional materials through the contact details listed below.

About QuarryLabs Inc.

QuarryLabs Inc. is a blockchain technology company developing next-generation infrastructure for decentralized applications. Its focus is on creating accessible developer tools, scalable consensus protocols, and real-world solutions for digital innovation.

Press Inquiries

Alec Arrambide
quarrylabs [at] quarrychain.network
https://quarrychain.network/
Salt Lake City, Utah

About Web3Wire
Web3Wire – Information, news, press releases, events and research articles about Web3, Metaverse, Blockchain, Artificial Intelligence, Cryptocurrencies, Decentralized Finance, NFTs and Gaming.
Visit Web3Wire for Web3 News and Events, Block3Wire for the latest Blockchain news and Meta3Wire to stay updated with Metaverse News.
ShareTweet1ShareSendShare2
Previous Post

QuarryLabs Opens ‘Genesis Quarry Miner’ Initiative; Strategic Partners Invited to Secure DPoS Network Ahead of $5M Seed Completion

Next Post

KashKick Unveils Survey Showing ‘Reward Stacking’ Emerging as a Popular Strategy Against Grocery and Gas Inflation in 2026

Related Posts

Qoder Version 1.0 Released: Full Automation of Code Generation, Verification & Delivery

SINGAPORE, May 16, 2026 (GLOBE NEWSWIRE) -- Qoder officially releases version 1.0, upgrading from an AI IDE to an Autonomous Development Desktop. The new version enables autonomous execution of code generation, verification, and delivery workflows through AI-powered Experts. Qoder 1.0 is now available for download on Windows, macOS, and Linux....

Read moreDetails

Supercool Brings Fortune 500 Video Ads to Small Businesses

Miami, FL, May 16, 2026 (GLOBE NEWSWIRE) -- Supercool, a creative AI platform developed by Famous Labs, has announced the launch of Advanced Movie Maker, a new feature that allows small business owners to produce cinematic video ads by simply describing what they want. No production crew. No studio. No...

Read moreDetails

Crypto News Today: AlphaPepe AI DEX Hits 4,000 Active Users While Ethereum Price Prediction Targets $10,000

MONACO, May 15, 2026 (GLOBE NEWSWIRE) -- Crypto news today is turning toward AlphaPepe after the project announced that the AlphaSwap AI DEX demo has passed 4,000 active users. The presale has raised over $1.22 million, Stage 16 is live at $0.01700 per token, the holder count has passed 8,600,...

Read moreDetails

Classover Reports First Quarter 2026 Results and Accelerates Transition Toward AI-Native Intelligent Robotics Ecosystems and Next-Generation Education Platforms

NEW YORK, NY / ACCESS Newswire / May 15, 2026 / Classover Holdings, Inc. (NASDAQ:KIDZ)("Classover" or the "Company"), an AI-powered education company, today announced financial results for the first quarter ended March 31, 2026. All of the Company's previously outstanding convertible notes have been converted to equity and therefore eliminated,...

Read moreDetails

Anoto publishes its annual report for 2025 and corrects for changes in the results as reported in the year-end report

Anoto Group AB (publ) ("Anoto") today publishes its annual report for 2025 and corrects for changes in the results as reported in the year-end report published on 27 February 2026. The annual report is available on the Company's website, http://www.anoto.com. Compared to previously communicated results in the year-end report for...

Read moreDetails

SalesCloser Deepens Conversational AI Moat with Dedicated GPU Inference Cluster, Enabling Custom Model Fine-Tuning, Agentic Workflows, and Regulated-Industry Readiness

Vancouver, BC, May 15, 2026 (GLOBE NEWSWIRE) -- SalesCloser Technologies Ltd. (“SalesCloser” or the “Company”) (TSXV: SCAI) (FSE: MJ5), a pioneer in autonomous AI sales technology, announces the commissioning of a dedicated AI inference cluster operating NVIDIA Blackwell-class GPUs and running a leading open-source foundation model. The cluster is hosted...

Read moreDetails

Understanding gold loan interest rates: A complete guide to smarter borrowing with Bajaj Finance

Pune, Maharashtra, May 15, 2026 (GLOBE NEWSWIRE) -- Gold loans are emerging as a popular financial tool in India because they provide quick access to funds without requiring borrowers to sell their gold. As gold prices continue to remain strong, many households are now using gold loans to manage medical...

Read moreDetails

Canadian AI and business leaders meet with Minister Evan Solomon at Web Summit Vancouver

VANCOUVER, British Columbia, May 15, 2026 (GLOBE NEWSWIRE) -- As Web Summit filled Vancouver with global technology leaders, investors and innovators, DIGITAL, Canada’s Global Innovation Cluster for Digital Technology, was at the centre of conversations about how Canadian innovation moves from ambition to impact. Through a series of leadership events,...

Read moreDetails

EagleNXT Provides Shareholder Update as Second Quarter Momentum Builds Across Defense and Commercial Markets

Three U.S. Army awards secured at the beginning of Q2, providing immediate revenue contribution Allen, Texas production facility operational, first U.S.-manufactured eBee VISION units delivered to U.S. Army ThirdEye USA counter-drone joint venture launched, targeting production operations by May 2026 eBee TAC and eBee VISION blue listed, progressing toward U.S....

Read moreDetails

Maris-Tech Announces Full-Year 2025 Financial Results and Continued Strategic Focus on AI-Powered Edge Video Solutions

Company continues to invest in compact, low-power video streaming and edge AI platforms for defense and homeland security applications Rehovot, Israel, May 15, 2026 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW) (“Maris-Tech” or the “Company”), a global leader in video and artificial intelligence (“AI”) – based edge computing technology,...

Read moreDetails
Web3Wire NFTs - The Web3 Collective

Web3Wire, $W3W Token and .w3w tld Whitepaper

Web3Wire, $W3W Token and .w3w tld Whitepaper

Claim your space in Web3 with .w3w Domain!

Web3Wire

Trending on Web3Wire

  • Top Cross-Chain DeFi Solutions to Watch by 2025

    98 shares
    Share 39 Tweet 25
  • Understanding Soulbound Tokens SBT Their Definition and Significance

    57 shares
    Share 23 Tweet 14
  • Unifying Blockchain Ecosystems: 2024 Guide to Cross-Chain Interoperability

    164 shares
    Share 66 Tweet 41
  • Top 5 Wallets for Seamless Multi-Chain Trading in 2025

    84 shares
    Share 34 Tweet 21
  • Discover 2025’s Top 5 Promising Low-Cap Crypto Gems

    100 shares
    Share 40 Tweet 25
Join our Web3Wire Community!

Our newsletters are only twice a month, reaching around 10000+ Blockchain Companies, 800 Web3 VCs, 600 Blockchain Journalists and Media Houses.


* We wont pass your details on to anyone else and we hate spam as much as you do. By clicking the signup button you agree to our Terms of Use and Privacy Policy.

Web3Wire Podcasts

Upcoming Events

There are currently no events.

Latest on Web3Wire

  • Bear Robotics Introduces Servi Q: the Compact Service Robot That Goes Where Others Can’t
  • X-Sense Reinforces Commitment to Smarter Home Protection in 2026
  • X-Sense Reports Growing Demand for Smart Smoke and Carbon Monoxide Alarms in American Homes
  • Tenorshare Marks 18 Years, Advances Practical AI to Simplify Digital Life
  • New to The Street’s Show #753 Airs Nationwide on Bloomberg Television Across the U.S., MENA and Latin America Featuring FreeCast (NASDAQ:CAST), Stardust Power (NASDAQ:SDST), Lost Soldier Oil and Gas, Virtuix Holdings (NASDAQ:VTIX), and Medicus Pharma (NASDAQ:MDCX)

RSS Latest on Block3Wire

  • The Algorithmic Monographs: A Five-Volume Civil Code for the Age of Autonomous Intelligence
  • Ali Sadhik Shaik: Practitioner, Scholar, and Author – Focused on the Governance of Intelligent Systems
  • The Klyrox Protocol: A Decentralized Framework to Close the AI Accountability Gap
  • Covo Finance: Revolutionary Crypto Leverage Trading Platform
  • WorldStrides and HEX Announce Partnership to Offer High School and University Students Innovative Courses Designed to Improve Their Outlook in the Digital Age

RSS Latest on Meta3Wire

  • The Algorithmic Monographs: A Five-Volume Civil Code for the Age of Autonomous Intelligence
  • Ali Sadhik Shaik: Practitioner, Scholar, and Author – Focused on the Governance of Intelligent Systems
  • The Klyrox Protocol: A Decentralized Framework to Close the AI Accountability Gap
  • Thumbtack Honored as a 2023 Transform Awards Winner
  • Accenture Invests in Looking Glass to Accelerate Shift from 2D to 3D
Web3Wire

Web3Wire is your go-to source for the latest insights and updates in Web3, Metaverse, Blockchain, AI, Cryptocurrencies, DeFi, NFTs, and Gaming. We provide comprehensive coverage through news, press releases, event updates, and research articles, keeping you informed about the rapidly evolving digital world.

  • About Web3Wire
  • Founder’s Note
  • Web3Wire NFTs – The Web3 Collective
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Event Partners
  • Community Partners
  • Our Media Network
  • Media Kit
  • RSS Feeds
  • Contact Us

Crypto Coins

  • Top 10 Coins
  • Top 50 Coins
  • Top 100 Coins
  • All Coins – Marketcap
  • Crypto Coins Heatmap

Crypto Exchanges

  • Top 10 Exchanges
  • Top 50 Exchanges
  • Top 100 Exchanges
  • All Crypto Exchanges

Crypto Stocks

  • Blockchain Stocks
  • NFT Stocks
  • Metaverse Stocks
  • Artificial Intelligence Stocks

Web3Wire Whitepaper | Tokenomics

Web3 Resources

  • Top Web3 and Crypto Youtube Channels
  • Latest Crypto News
  • Latest DeFi News
  • Latest Web3 News

Blockchain Resources

  • Blockchain and Web3 Resources
  • Decentralized Finance (DeFi) – Research Reports
  • All Crypto Whitepapers

Metaverse Resources

  • AR VR and Metaverse Resources
  • Metaverse Courses
Claim your space in Web3 with .w3w!

The Klyrox Protocol | The Algorithmic Monographs

Top 50 Web3 Blogs and Websites
Web3Wire Podcast on Spotify Web3Wire Podcast on Amazon Music 
Web3Wire - Web3 and Blockchain - News, Events and Press Releases | Product Hunt
Web3Wire on Google News

Media Portfolio: Block3Wire | Meta3Wire

  • Privacy Policy
  • Terms of Use
  • Disclaimer
  • Sitemap
  • For Search Engines
  • Crypto Sitemap
  • Exchanges Sitemap

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Coins
    • Top 10 Cryptocurrencies
    • Top 50 Cryptocurrencies
    • Top 100 Cryptocurrencies
    • All Coins
  • Exchanges
    • Top 10 Cryptocurrency Exchanges
    • Top 50 Cryptocurrency Exchanges
    • Top 100 Cryptocurrency Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.